October 31, 2014
Herbalife Ltd. agreed to pay more than $15 million to members of its sales force who filed a class action accusing the company of being a pyramid scheme, according to a proposed settlement filed in California federal court Friday.
October 15, 2013
A California federal judge on Friday refused to toss a putative class action alleging Herbalife International of America Inc. operates as an unlawful pyramid scheme, finding the former distributor suing the company has adequately pled that Herbalife's business model fits the definition of such a scheme.
July 29, 2013
Herbalife International of America Inc. urged a California federal judge Monday to throw out a putative class action alleging the nutritional supplement seller operates an unlawful pyramid scheme, arguing that the former distributor suing the company failed to plead plausible facts supporting fraud allegations.